1 325 m² Commercial space in Wellington Central

Fully-Tenanted CBD Retail Investment

Malan & Smit Arcade is a landmark retail investment in the heart of Wellingtons CBD a fully-tenanted, income-generating arcade anchored by national retailers and positioned along a high-footfall pedestrian corridor between Church and Bain Streets.

This established commercial asset comprises 11 shops with a strong tenant mix including PEP and Good Price, delivering R1.18 million net operating income per annum ex VAT and offering exceptional tenant retention. With 1,325 m2 GLA, 22 parking bays, and a strategic location in a tightly held retail node, this property combines heritage appeal with modern commercial potential.

Investment Highlights

Fully-let retail arcade with national anchors

Prime CBD location with consistent pedestrian traffic

R155,000 gross monthly income incl. VAT

1,325 m2 GLA 2,934 m2 erf 22 parking bays

Historically low vacancy and strong rental performance

Flexible floor configurations with value-add potential

Positioned for long-term growth in a rejuvenating Winelands town

Financial Snapshot

Net Operating Income: R1.18 million p.a. ex VAT

Yield Range: 6.3 7.9 depending on purchase price

Finance-ready with 5-year ROI growth plan available

Why This Property Works

National tenants zero vacancy risk

CBD location high demand and tight supply

Inflation-linked escalations growing returns

Repositioning potential future yield uplift

Ideal for passive investors seeking stable income and capital growth